CHAPTER 6
PROCESS COSTING
QUESTIONS
1.
A company that produces homogeneous goods in mass quantities is likely to use
a process costing system. The company can either have a single department or
multiple departments.
Job order costing and process costing a

CHAPTER 5
JOB ORDER COSTING
Questions
1. The two choices for cost accumulation are the job order and process
costing systems. A company should use job order costing when it is
necessary and possible to trace costs to products made for individual
customers

Chapter 17
1
CHAPTER 17
IMPLEMENTING QUALITY CONCEPTS
QUESTIONS
1.
Quality refers to the dimensions or characteristics of a product or service
that make it able to meet the stated or implied needs of the person
acquiring it. Quality can be viewed from a p

Chapter 11
251
CHAPTER 11
COST ALLOCATION FOR JOINT PRODUCTS AND BY- PRODUCT/SCRAP
QUESTIONS
1.
Joint processing output is classified based on the relative sales value of each
type of output. Joint products are those outputs that have the largest sales va